Private equity fund Shorecap III, managed by Equator Capital Partners, has acquired a 20% stake in Kenya’s Credit Bank PLC (CBP), effective 15 June 2023, according to an announcement by the Central Bank of Kenya (CBK).
PE fund acquires stake in Kenyan bank
Private equity fund Shorecap III, managed by Equator Capital Partners, has acquired a 20% stake in Kenya’s Credit Bank PLC (CBP), effective 15 June 2023, according to an announcement by the Central Bank of Kenya (CBK).